EARNINGS PER SHARE (Tables)

3 Months Ended

Mar. 31, 2024

EARNINGS PER SHARE

Schedule of computation of basic and diluted earnings (loss) per share

	Three Months Ended
	March 31
	2024		2023
	(in thousands, except share and per share data)
Basic
Numerator:
Net income (loss) from continuing operations	$	(2,912)	$	18,847
Net income from discontinued operations		600		52,436
Net income (loss)	$	(2,312)	$	71,283
Denominator:
Weighted-average shares		23,561,309		24,288,138
Basic earnings per common share
Continuing operations	$	(0.12)	$	0.78
Discontinued operations		0.03		2.16
Total basic earnings per common share(1)	$	(0.10)	$	2.93
Diluted
Numerator:
Net income (loss) from continuing operations	$	(2,912)	$	18,847
Net income from discontinued operations		600		52,436
Net income (loss)	$	(2,312)	$	71,283
Denominator:
Weighted-average shares		23,561,309		24,288,138
Effect of dilutive securities		—		769,588
Adjusted weighted-average shares and assumed conversions		23,561,309		25,057,726
Diluted earnings per common share
Continuing operations	$	(0.12)	$	0.75
Discontinued operations		0.03		2.09
Total diluted earnings per common share(1)	$	(0.10)	$	2.84

(1) Earnings per common share is calculated in total and may not equal the sum of earnings per common share from continuing operations and discontinued operations due to rounding.